Top News:
Meg James / Los Angeles Times:
Tribune prepares for cost-cutting, says no targets for expense reduction have been issued — Tribune newspapers, including L.A. Times, prepare for cost-cutting — Tribune newspapers, including the Los Angeles Times, may be due for another round of cost-cuting. Above, at the Tribune Tower in Chicago.
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Robert Feder:
Tribune boss orders $100 million in cuts — It's not clear how they're supposed to do it, but Tribune Co. executives have been ordered to come up with $100 million in budget cuts, sources said, as the company prepares to spin off the publishing side of the business.
Discussion:
JIMROMENESKO.COM, USA Today, The Wrap, Chicagoist, Los Angeles Times, @dangillmor, bizjournals, @carr2n, Change of Subject and @logandobson
Lisa O'Carroll / Guardian:
Seymour Hersh on Obama, NSA and the ‘pathetic’ American media — Pulitzer Prize winner explains how to fix journalism, saying press should 'fire 90% of editors and promote ones you can't control' — Seymour Hersh has got some extreme ideas on how to fix journalism - close down the news bureaus …
Kara Swisher / AllThingsD:
Top NBCU Digital Exec Lauren Zalaznick to Depart Company — Well-known NBCUniversal exec Lauren Zalaznick, who has recently been working on the media giant's growth into new digital arenas, is leaving the company, according to an internal memo. — A longtime veteran of NBCU …
Discussion:
Hollywood Reporter, The Wrap, New York Times, Broadcasting & Cable, AdAge, Reuters, Deadline.com, Variety, @awallenstein and @jbflint
Hadas Gold / Politico:
Conflicts of Interest: CNN adjusts ethics policy around Crossfire — Yesterday we reported that Crossfire host Newt Gingrich may have broken ethical rules for conflicts of interest set forth by CNN's EVP of standards and practices Rick Davis. — Today, those rules appear to have changed.
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Jeff Jarvis / BuzzMachine:
Attention v. relationship economy — Oddly, Google chief economist Hal Varian analyzes newspapers' problems and prescribes solutions strictly from an old-media perspective — based on attention to marketing messages — rather than an internet (namely, Google) perspective of relevance and relationships.
Discussion:
Inside, JIMROMENESKO.COM, @jayrosen_nyu, @digiphile and @mathewi
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Mathew Ingram / paidContent:
Google's chief economist understands media better than some industry executives do
Google's chief economist understands media better than some industry executives do
Discussion:
International Journalism … and Kirk LaPointe's …
Jim Romenesko:
GateHouse Media: Our bankruptcy filing ‘is not a reflection of any operational problem’ — GateHouse Media has filed for voluntary Chapter 11 bankruptcy. CEO Michael Reed says in a memo that “with the challenges facing our industry and the impending maturity of our secured debt next year …
Discussion:
Poynter
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Joe Pompeo / Capital New York:
Reuters cuts raise questions about company's consumer strategy — Today, the Newspaper Guild, a union that represents approximately 400 employees of the global information provider Thomson Reuters, announced that management is seeking “to eliminate five Guild positions from the recently …
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RT:
Russian media protests detention of Greenpeace freelance photographer — A dozen Russian websites have used black and gray squares instead of photos, protesting against the detention of a Russian freelance photographer with other Greenpeace activists for their action in the Arctic.
Discussion:
Associated Press and The Moscow Times
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Nico Hines / The Daily Beast:
Kieron Bryan: British Journalist Held Without Trial in Russia
Kieron Bryan: British Journalist Held Without Trial in Russia
Discussion:
BBC
Angela Washeck / 10,000 Words:
Plagiarism and Attribution Tests for Journalists: A Must or Not? — If there's anything journalists know, it's how not to plagiarize in our writing. Right? Right?! Wrong, apparently. — Wednesday Jim Romenesko broke the news on his blog that Digital First Media (DFM) …
Discussion:
JIMROMENESKO.COM
GNM press office:
Alex Koppelman joins the Guardian as US News Editor — The Guardian announced today that it has hired Alex Koppelman as US news editor. The announcement was made by the Guardian's US editor in chief Janine Gibson. — Koppelman will be a senior member of the editing team and will help set …
Discussion:
FishbowlNY and @nxthompson
Sara Morrison / The Wrap:
BuzzFeed Dominates on Facebook, BBC Tops Twitter, Study Says — BuzzFeed, “the media company for the social age,” has mastered at least one social network. — A NewsWhip study released on Thursday showed that the social sharing-focused site had far and away the most engagement on Facebook …
Discussion:
Poynter, Journalism.co.uk, The Whip and @tomgara
William Launder / Wall Street Journal:
New York Times Forecasts Further Drop in Ad Revenue — Overall Revenue to Rise, Though, Thanks to Stronger Circulation — New York Times Co. expects to report around a 3% decline in print and digital advertising revenue for the third quarter, Chief Executive Mark Thompson said Thursday …
Josh Gerstein / Politico:
Feds: DOJ press guidelines don't raise bar for leak case — New guidelines Attorney General Eric Holder issued recently for investigations involving journalists don't undercut legal arguments made in an ongoing leak prosecution, prosecutors said in a court filing Friday.
Tom Hals / Reuters:
Judge tosses lawsuit opposed to Sirius takeover by Liberty Media — (Reuters) - The board of Sirius XM Radio Inc did not breach its duty to shareholders by allowing a takeover by Liberty Media Corp without demanding it pay a premium for the stock, a Delaware judge ruled on Friday.